Your Editor On Switzer: Daily Nonsense And Reporting Season

One regular viewer to the show put forward the question and FNArena Editor Rudi Filapek-Vandyck and host Peter Switzer decided to explore the matter at hand: why is there so much nonsense in daily financial market reports? Cannot journalists simply admit when they do not know the answer?

In addition, the FNArena Editor brought along two charts which happen to fit in quite nicely with the opening subject. US equities screamingly overvalued? One chart by Goldman Sachs seems to suggest otherwise. And not all High PE stocks are by definition a screaming sell, as once again revealed in analysis conducted by Morgan Stanley.